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tax department in american history. more than three million social security numbers were compromised along with more than a million businesses and personal credit and debit cards. >>> the new world series of poker champion is a 24-year-old recovering drug addict and college dropout. greg mercen is from maryland. he won almost 399 hands of texas hold em collecting more than $8.5 million and that piece of bling, a gold championship bracelet worth about $150,000. must be nice. >>> now here's a look at how wall street begins this thursday. the dow closed at 13,096. the s&p 500 was up a fraction. the nasdaq lost ten. taking a look at overseas trading this morning, nikkei gained 18 points, hong kong, the hang seng climbed 180. >>> markets ended october lower but there is good news. they're all way up for 2012. the dow slid 2.5% last month. it is more than 7% this year up. the broader s&p 500 down 2% in october. added, 12.5% in the last ten months. and the nasdaq, the biggest loser, nearly 5%. but was also the biggest winner s
tax department in american history. more than three million social security numbers were compromised along with more than a million businesses and personal credit and debit cards. >>> the new world series of poker champion is a 24-year-old recovering drug addict and college dropout. greg mercen is from maryland. he won almost 399 hands of texas hold em collecting more than $8.5 million and that piece of bling, a gold championship bracelet worth about $150,000. must be nice....
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and the tax return questions i guess, he is probably not going to get from the sportscaster. >> it is the place to go. it is the place where you can have a simulation of an inner view without getting any of the questions. when you build a campaign on distraction it becomes more difficult. it is not new that the politicians try to control the encounters. what we have learned though, he does it more often with more severity than any one one else. there is a pool and that is a group of reporters that go to everything. and they issue pool reports as you well know from your time in politics. mitt romney tried to cut reporters in the pool out of covering his fundraisers. there was such disastrous push back from the press that they had to walk that back. what was that about? it was weird. no republican had tried to do that. now, when they see the types of things that they said. it is wrong. >> the big baug dog at fox news is upset. he agrees with romney on every issue. let's listen to o'reilly complaining about it. >> mitt romney has a story to tell. in my oh pip. he has a story to tell. but
and the tax return questions i guess, he is probably not going to get from the sportscaster. >> it is the place to go. it is the place where you can have a simulation of an inner view without getting any of the questions. when you build a campaign on distraction it becomes more difficult. it is not new that the politicians try to control the encounters. what we have learned though, he does it more often with more severity than any one one else. there is a pool and that is a group of...
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taxation on the average homeowner or individual -- >> cut taxes so the localities have to raise taxes. >> that's right. >> any way the tax is going to go down. the other scenario, say the states try to replicate what fema does, that's extremely inefficient because what fema can do is keep a lot of resources in place to target wherever the disaster goes. if every state has to act like sandy is going to hit them every time. >> right. >> that's fantastically inefficient and someone like romney ought to know that of all people. >> a lot is give money to states. there's a level of the game here. >> that is what they do. the big obviously the cops and e ems and firefighters are out there, not federal employees for the most part. >> that's right. >> and those are local workers who like are out there, you know, doing the work first. >> ezra, we know if the sequesters go into place, fema loses $878 million, that's a lot of money although we don't know what's going to happen with the sequester. are you bullish or bearish? >> on the sequester i think we'll go over the cliff but not that long. on
taxation on the average homeowner or individual -- >> cut taxes so the localities have to raise taxes. >> that's right. >> any way the tax is going to go down. the other scenario, say the states try to replicate what fema does, that's extremely inefficient because what fema can do is keep a lot of resources in place to target wherever the disaster goes. if every state has to act like sandy is going to hit them every time. >> right. >> that's fantastically...
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as tax expert david k. johnston explains, why many of the wealthiest in america, while posing as entrepreneurs and capitals of capitalism, are in fact on welfare. mcmahon can't wrestle her way out of this one. did she think we wouldn't notice we see her slam the loopholes her company took advantage of? nice try but we got you. a food , or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. >>> mother jones has uncovered a new audiotape showing governor romney trying again to mislead voters. not just so where he stands but where the president stands, too. it's from a private fund-raiser in march. >> i'm convinced that if this president is re-elected, the war on business and economic freedom will continue. i don't think the president likes you very much. you hear his business, i think he looks at you as a necessary evil, and maybe not so necessary. >> president obama believes business is evil? really? even on this tape governor romney seems to forget
as tax expert david k. johnston explains, why many of the wealthiest in america, while posing as entrepreneurs and capitals of capitalism, are in fact on welfare. mcmahon can't wrestle her way out of this one. did she think we wouldn't notice we see her slam the loopholes her company took advantage of? nice try but we got you. a food , or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. >>> mother jones has uncovered a new...
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the dishonesty, i won't show you my tax records, i won't do this, i won't do that. but also, what karl rove is doing there, let's be very, very clear because we're going to hear a lot of it for the next three days, that is starting to delegitimize the second term for barack obama. if chris christie hadn't done this, if sandy hadn't happened -- >> if we hadn't cheated the unemployment numbers, if the hurricane hadn't happened, bureau of labor statistics. >> polls and media. the liberal media. the mainstream media. >> that's right. >> is that what's going to happen over the next few days? jonathan, in your experience of covering presidential elections, does this feel premature that they're writing the epitaph or does that tell you what is going to happen? >> it tells you that they are cya'ing right now before the election. they're not going to let themselves and we're all very bullish about the president's prospects on tuesday. but until the people actually vote we won't know. what they're doing is very -- if mitt romney does indeed lose everyone is on record as sayin
the dishonesty, i won't show you my tax records, i won't do this, i won't do that. but also, what karl rove is doing there, let's be very, very clear because we're going to hear a lot of it for the next three days, that is starting to delegitimize the second term for barack obama. if chris christie hadn't done this, if sandy hadn't happened -- >> if we hadn't cheated the unemployment numbers, if the hurricane hadn't happened, bureau of labor statistics. >> polls and media. the...
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we shouldn't be ending college tax credit to pay for millionaires' tax cuts. we should be making college more affordable for everyone who is willing to work for it. we should recruit 100,000 math and science teachers so high-tech highway jobs aren't created created in china. they're created right here in green bay, wisconsin. we should work with community colleges to train another 2 million americans with skills that businesses are looking for right now. that's my plan for the future. that's what change is. that's the america we're fighting for in this election. change comes when we live up to our legacy of innovation. and make america home to the next generation of manufacturing, scientific discovery, technological breakthroughs. i'm proud i've bet on american workers and american ingenuity and the american auto industry. and today, we're not just building cars again, we're building better cars. cars that, by the middle of the next decade will go twice as far on a gallon of gas. today, there are thousands of workers building long-lasting batteries and wind tu
we shouldn't be ending college tax credit to pay for millionaires' tax cuts. we should be making college more affordable for everyone who is willing to work for it. we should recruit 100,000 math and science teachers so high-tech highway jobs aren't created created in china. they're created right here in green bay, wisconsin. we should work with community colleges to train another 2 million americans with skills that businesses are looking for right now. that's my plan for the future. that's...
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let's start with the tax plan. if there is something i believe mitt romney is invested in doing, it is the tax plan. he claims it is revenue neutral. >> you have to claim certain things. this goes for both sides. there is this thing called business cycle. this is what we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up wit
let's start with the tax plan. if there is something i believe mitt romney is invested in doing, it is the tax plan. he claims it is revenue neutral. >> you have to claim certain things. this goes for both sides. there is this thing called business cycle. this is what we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office...
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if we're serious about the deficit, we've also got to ask the wealthiest americans to go back to tax rates they paid when bill clinton was in office because, as long as i'm president, i will never turn medicare into a voucher to pay for another millionaire's tax cuts. i will never allow the nation to be plunged into another battle over health care reform just so insurance companies can jump back into the driver's seat. and i will never allow politicians in washington to control health care choices that women should be making for themselves. so, wisconsin, we know what change is. we know what the future requires. we don't need a big government agenda or a small government agenda. we need a middle class agenda that rewards hard work and responsibility. we don't need a partisan agenda. we need a common sense agenda that says, when we educate a poor child, we'll a. be better off we need a vision that says we don't just look out for yourself. we look out for one another. we look out for future generations. and we meet those obligations by working together. that's the change we believe in.
if we're serious about the deficit, we've also got to ask the wealthiest americans to go back to tax rates they paid when bill clinton was in office because, as long as i'm president, i will never turn medicare into a voucher to pay for another millionaire's tax cuts. i will never allow the nation to be plunged into another battle over health care reform just so insurance companies can jump back into the driver's seat. and i will never allow politicians in washington to control health care...
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you want to cut taxes $5 trillion more than he wants to cut taxes. and you've only identified about a trillion dollars worth of tax deductions on companies that you want to repeal to lower the corporate income tax. that's president obama's idea. but that leaves $6.5 trillion. even if you fill it, you want to produce the long-term dealt. how are you doing to do that? see me about that after the election. >> he has no budget. i want to vote for the president who has a budget, who has a plan that will produce broad-based posterity. i want to vote for a president who's been a good commander in chief and a good decider in chief. and i want to vote for a president who's been through the fire of these last four years and brought america out on the other side ready to take off. and, lastly, just remember this. you know, gov fernor romney has promised us 12 million jobs. you all remember that? he says by just electing me, people will be so elated that you're going to get 12 million jobs. now, i'm sure it was just an oversight. or, as the president has told us
you want to cut taxes $5 trillion more than he wants to cut taxes. and you've only identified about a trillion dollars worth of tax deductions on companies that you want to repeal to lower the corporate income tax. that's president obama's idea. but that leaves $6.5 trillion. even if you fill it, you want to produce the long-term dealt. how are you doing to do that? see me about that after the election. >> he has no budget. i want to vote for the president who has a budget, who has a plan...
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he denies that he has a $5 trillion tax cut plan, skewed towards the wealthy, that would increase taxes on the middle class. it comes down to, who do you trust? >> well, he just won't answer any -- >> and president obama has consistently been there. >> no doubt. now, with this storm, and the aftermath, you think voters will react to romney's theme of flip-flop? is this a major issue for him right now, where it would affect voters? >> well, you know, i think there's a very clear example here, where you have the president, you know, making sure that we put first things first, you lay politics aside, and both as the storm was approaching and in the aftermath of the storm, that as commander in chief, he's protecting the americans who are in harm's way. and making sure that we can get things cleaned up and get them -- their needs taken care of -- >> but, i mean, mitt romney has talking about privatizing this part of the government. this has been his philosophy. >> yes, and as a floridian, that's very disturbing. i can tell you that because six months of the year in florida, we are in harm's
he denies that he has a $5 trillion tax cut plan, skewed towards the wealthy, that would increase taxes on the middle class. it comes down to, who do you trust? >> well, he just won't answer any -- >> and president obama has consistently been there. >> no doubt. now, with this storm, and the aftermath, you think voters will react to romney's theme of flip-flop? is this a major issue for him right now, where it would affect voters? >> well, you know, i think there's a...
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topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. >>> up next, we'll delve into some of the hottest senate races around the country, and senator claire mccaskill will be here with her closing arguments against todd akin. >>> coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy featuring the great bruce springsteen and jon bon jovi. you're watching "hardball," the place for politics. with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> it was a
topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. >>> up next, we'll delve into some of the hottest senate races around the country, and senator claire mccaskill will be here with her closing arguments against todd akin. >>> coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy featuring the great bruce springsteen and jon bon jovi. you're watching...
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and at tax time, all your records... will be automatically organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or your money back. learn more and get your free 30-day trial today... at tryquickbooksfree.com. >>> how did "the des moines register" rewrite its endorsement of a obama presidency four years ago into an endorsement of a romney presidency now? by magical thinking. by adopting mitt romney's magical thinking. after saying, quote, the president's best efforts to resuscitate the stumbling economy have fallen short, the editorial then says that the problem with the economy is the consumers have to feel more confident. and without giving a single shred of evidence as to why consumers would feel more confident with a romney presidency, the editorial board simply believes it will happen. that's it. it will happen like magic. consumers must feel more confident about their own economic futures to begin spending on the products and services that power the economy. a renewed sense of confidence will spark renewed investment by american companies. industry
and at tax time, all your records... will be automatically organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or your money back. learn more and get your free 30-day trial today... at tryquickbooksfree.com. >>> how did "the des moines register" rewrite its endorsement of a obama presidency four years ago into an endorsement of a romney presidency now? by magical thinking. by adopting mitt romney's magical thinking. after saying, quote, the...
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topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. >>> up next, we'll delve into some of the hottest senate races around the country, and senator claire mccaskill will be here with her closing arguments against todd akin. >>> coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy featuring the great bruce springsteen and jon bon jovi. you're watching "hardball," the place for politics. back to "hardball." >>> welcome back to "hardball." the fight for the u.s. senate can be as significant as the fight for president. right now looks advantage democrats. the latest analysis is it appears more likely than not democrats will hold the majority, perhaps by only the slimmest of margins. there you have it. and the catch up is the massachusetts senate race between republican scott brown and democratic challenger elizabeth warren, and right now the clear politics poll average has warren up by 4.5. politico is up there in boston covering the race. dave, thanks for joining
topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. >>> up next, we'll delve into some of the hottest senate races around the country, and senator claire mccaskill will be here with her closing arguments against todd akin. >>> coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy featuring the great bruce springsteen and jon bon jovi. you're watching...
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topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. up next, we'll delve into some of the hottest senate races around the country and senator claire mccaskill will be here with her closing arguments against todd akin. coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy. featuring the great bruce springsteen and jon bon jovi. you're watching "hardball," the place for politics. with her closing arguments with her closing arguments >>> i'm julia boorstin with your cnbc market wrap. stocks slide despite upbeat economic data. the dow sirngs 139 points, the s&p drops 13, and the nasdaq falls by 38 points. as you heard, 171,000 jobs were created last month. that was more than economists expected, but the unemployment rate ticked up to 7.9%. factory orders jumped nearly 5% in september. the biggest increase since march of 2011. and starbucks was a big gainer rising 9% following an upbeat profit forecast. that's it from cnbc, first in business worldwide. now back to
topics like mitt romney's tax return fails to quiet critics and mitt romney and the 47%. i guess it could have been worse. up next, we'll delve into some of the hottest senate races around the country and senator claire mccaskill will be here with her closing arguments against todd akin. coming up at 8:00 eastern, coming together, a benefit telethon to aid victims of hurricane sandy. featuring the great bruce springsteen and jon bon jovi. you're watching "hardball," the place for...
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americans for tax reform president grover norquist whose anti-tax oath has been signed by almost every republican member of congress is girding for a fight if obama is re-elected. no compromise norquist said adding his prediction for an obama second term there's a stalemate. if romney is elected it's putting the ryan budget into law. we don't need a president we need a zombie who has functioning digits or can sign his name on a dotted line. let's pick two scenarios here. if the president is re-elected how does he deal with a tea party that sounds as it's going to be agreb gressive as ever and grover who is pushing for hardlines no legislation. >> he beats them and the way to do that is to take advantage of the fiscal cliff. let it slide a bit, to create a new status quo in which republicans have an incentive to pass affirmative legislation that the president will sign into law, at the same time, there are a group of more problem solving republicans in the senate who don't want to spend another four years simply in opposition and with some members of the business community, not the cham
americans for tax reform president grover norquist whose anti-tax oath has been signed by almost every republican member of congress is girding for a fight if obama is re-elected. no compromise norquist said adding his prediction for an obama second term there's a stalemate. if romney is elected it's putting the ryan budget into law. we don't need a president we need a zombie who has functioning digits or can sign his name on a dotted line. let's pick two scenarios here. if the president is...
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they think as long as you give massive tax cuts to the wealthy, that will generate an environment which -- look, it's how they are about offshoring and all those issues. they look at it, when you talk to them privately, it's a global economy, so it doesn't matter where you make money, as long as your shareholders do well, everything will work. look, we have stake holders that live in north philadelphia and out here in cleveland. it matters where you grow the economy. it matters whether you grow it here in cleveland and ohio. it matters whether people are able to have access to a college education. it's the stuff of which this country is built. >> last question, how close is it going to be on tuesday night? >> look, i don't want to jinx myself. >> then don't. what do you think is going to happen? >> i think we're going to win. i don't think it's going to be close in the electoral college. i think we're going to win clearly and i think we're going to win this state, ohio. i've been in here 23, 24 days, i think we're going to win iowa, wisconsin, nevada, new hampshire. i think we've got an
they think as long as you give massive tax cuts to the wealthy, that will generate an environment which -- look, it's how they are about offshoring and all those issues. they look at it, when you talk to them privately, it's a global economy, so it doesn't matter where you make money, as long as your shareholders do well, everything will work. look, we have stake holders that live in north philadelphia and out here in cleveland. it matters where you grow the economy. it matters whether you grow...
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that that debt would be bigger if easy elected because he's spending so much more militarily and not taxing rich folks. >> absolutely. >> he's telling them that and saying he has no plans to overturn roe v. wade on the same time that it's on paper and ryan certainly -- a choice of a vice presidential candidate certainly says it. this is the most right wing in his position whether he believes it or not, i don't know. but also the least honest. he is the least honest mosts plastic candidate i have seen in my lifetime. >> wow. gloria steinem, it was really great to have you on this show tonight and thank you so much for your time and your service. >> thank you. >>> coming up, the right wing attacks the hero in a jealous rage. they can't handle chris christie praising president obama and you won't believe what they are saying about him. >>> plus, the investigation into the romney campaign training poll watchers to mislead. we're learning it's much bigger than we ever could have imagined. the new video is out. stay with us. new trident layers juicy berry + tangy tangerine is a thrilling, dual-fl
that that debt would be bigger if easy elected because he's spending so much more militarily and not taxing rich folks. >> absolutely. >> he's telling them that and saying he has no plans to overturn roe v. wade on the same time that it's on paper and ryan certainly -- a choice of a vice presidential candidate certainly says it. this is the most right wing in his position whether he believes it or not, i don't know. but also the least honest. he is the least honest mosts plastic...
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so as a result there is an extreme weather tax now. it's going to be billions and billions of dollars, and while mitt romney is concerned about the koch brothers, the average american right now is worried about global warming, worried about climate change, worried about the impact on their family. >> who are these people, professor, who fight you? who are these people that write op-ed pieces in "the wall street journal" with such assurance that this is all bogus science? who -- are they phonies? are they quacks? >> there are different motivations. some people don't want to hear about global warming because it's bad news, and there's enough bad news in the world, and everybody has plenty to worry about anyway. some people don't want to hear about it because it gets in the way of their economic interests. those would be the fossil fuel companies, for instance. and some people are just generally skeptical and don't like experts, and, frankly, i don't like experts all the time myself either. but these are the facts. every academy of scienc
so as a result there is an extreme weather tax now. it's going to be billions and billions of dollars, and while mitt romney is concerned about the koch brothers, the average american right now is worried about global warming, worried about climate change, worried about the impact on their family. >> who are these people, professor, who fight you? who are these people that write op-ed pieces in "the wall street journal" with such assurance that this is all bogus science? who --...
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the dishonesty, i won't show you my tax records, i won't do this, i won't do that. but also, what karl rove is doing there, let's be very, very clear because we're going to hear a lot of it for the next three days, that is starting to deledge mize the second term for barack obama. if chris christie hadn't done this, if sandy hadn't happened -- >> if we hadn't cheated the unemployment numbers, if the hurricane hadn't happened, bureau of labor statistics. >> polls and media. the liberal media. the mainstream media. >> that's right. >> is that what's going to happen over the next few days, i don't know on thjonathan, in yo experience of covering presidential elections, does this feel premature that they're writing the epitaph or does that tell you what is going to happen? >> it tells you that they are cya'ing right now before the election. they're not going to let themselves and we're all very bullish about the president's prospects on stoous. but until the people actually vote we won't know. what they're doing is very -- if mitt romney does indeed lose everyone is on
the dishonesty, i won't show you my tax records, i won't do this, i won't do that. but also, what karl rove is doing there, let's be very, very clear because we're going to hear a lot of it for the next three days, that is starting to deledge mize the second term for barack obama. if chris christie hadn't done this, if sandy hadn't happened -- >> if we hadn't cheated the unemployment numbers, if the hurricane hadn't happened, bureau of labor statistics. >> polls and media. the...
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he won't tell us anything about his tax plans. we know he is going to reduce the rates by 20%. but at the debate he said let's just say $25,000. he pulls figures out of thin air. and he thinks he can be elected president of the united states. on vapor, really. >> yes, yes. >> and so it got under the skin of us on the board. we endorsed the president last week for reelection. it wasn't a sis boom-bah rah-rah ra. we have a general idea y where e wants to take the country. mitt romney not so much. >> saying you know me. you know what i'm about. you may not agree with everything i have done in the past four years, but you know me. and post sandy speaking with a renewed enthusiasm. david axelrod quoted yesterday in lima, ohio. this might be one of my favorite quotes of the campaign. says i've known him for 20 years. we've worked closely for ten years. i've never seen him more exhilarated than he is right now. you can see in this speech that he is delivering that this is coming from his loins. >> and loins isn't a word that gets into the public conversation. >> not enough. >> it's in
he won't tell us anything about his tax plans. we know he is going to reduce the rates by 20%. but at the debate he said let's just say $25,000. he pulls figures out of thin air. and he thinks he can be elected president of the united states. on vapor, really. >> yes, yes. >> and so it got under the skin of us on the board. we endorsed the president last week for reelection. it wasn't a sis boom-bah rah-rah ra. we have a general idea y where e wants to take the country. mitt romney...
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they didn't even mention a $5 trillion tax cut, and they didn't say a word about being disturbed that mitt hasn't figured out how to pay for it. in 1972, "the des moines register" could have endorsed a candidate closer to their thinking than on policy. that candidate was the honorable senator george mcgovern, the anti-war candidate. the candidate "the des moines register" agreed with word for word on the most important issue of that era. the reason they didn't endorse him then was in the last line of their editorial. "good intentions are not enough," and so they endorsed a man with very, very bad intentions and a year and a half after president nixon took the oath of office, the house judiciary committee passed articles of impeachment against him. 12 days later "the des moines register's" choice for president, richard nixon, became the first and only person in history forced to resign the presidency of the united states. the last time "the des moines register" endorsed a republican for president, it turned out good intentions mattered, and they mattered much more than the editorial bo
they didn't even mention a $5 trillion tax cut, and they didn't say a word about being disturbed that mitt hasn't figured out how to pay for it. in 1972, "the des moines register" could have endorsed a candidate closer to their thinking than on policy. that candidate was the honorable senator george mcgovern, the anti-war candidate. the candidate "the des moines register" agreed with word for word on the most important issue of that era. the reason they didn't endorse him...
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because if, indeed, you cut income tax rates by 20%, and you boost defense spending, you've got to -- essentially, you've got to cut discretionary sending, if you're not going to add to the deficit, by a draconian level. you've got to cut it by like 40%, including fema. so, it's impossible to square what we -- again, what we know of his budget plan, since he won't lay them out in detail, and this new statement that, oh, well, of course i'm going to fully fund fema. well, gee, what's he going to say today. of course he loves fema now. but he didn't love it when they were coming up with a budget plan. >> and to eugene's point, if mitt romney thinks he might get some solace from ryan, there's the paul ryan budget, which also slashes any amount, what is it, $23 million from the budget from fema? i mean, again, their actual plans would eviscerate provisions for the kind of plastic surge emergency that this nation is facing today. >> and very shortly, we're going to be discussing whether or not to raise the debt ceiling again. and debt ceilings get pushed out by these kinds of disasters. yo
because if, indeed, you cut income tax rates by 20%, and you boost defense spending, you've got to -- essentially, you've got to cut discretionary sending, if you're not going to add to the deficit, by a draconian level. you've got to cut it by like 40%, including fema. so, it's impossible to square what we -- again, what we know of his budget plan, since he won't lay them out in detail, and this new statement that, oh, well, of course i'm going to fully fund fema. well, gee, what's he going to...
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the good news for mitt romney tonight is the massive storm has made everyone forget about his secret tax returns. the bad news for mitt romney is the massive storm has made everyone forget about mitt romney. >> on the ground in the middle of the devastation, president obama will tour new jersey. >> the october surprise, bipartisanship. >> governor chris christie -- >> i cannot thank the president enough. >> -- and president obama -- >> we will not quit until this is done. >> together surveying the damage. >> a big storm requires some big government. >> the federal government -- >> it seems like common sense. >> -- will not quit until this is done. >> is there any possibility that governor romney may go to new jersey? >> there is no role for a challenger. >> i have no idea, nor am i the least bit concerned or interested. >> what does a challenger do in a major disaster? >> governor romney, he's back on the trail. >> we come together at times like this. >> back on the trail in florida. >> we love all of our fellow citizens. >> the question that's dogged him -- >> romney's position on fema.
the good news for mitt romney tonight is the massive storm has made everyone forget about his secret tax returns. the bad news for mitt romney is the massive storm has made everyone forget about mitt romney. >> on the ground in the middle of the devastation, president obama will tour new jersey. >> the october surprise, bipartisanship. >> governor chris christie -- >> i cannot thank the president enough. >> -- and president obama -- >> we will not quit until...
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point that things have to happen because of the way legislatively things are coming down, the bush tax cuts expiring. >> right. >> sequestration, something has to happen with that. >> that's the only thing. my issue is this. beyond that, for obama to be able to get something done with the republican congress next term, this election needed to deliver a message to republicans. they need to cooperate. and i think if they lose, the only conclusion they're going to draw is hurricane sandy cost it for us. >> all right that wraps it up for "the cycle" from democracy plaza. we will see you right back on monday. tamron hall is straight ahead with a second weekend edition of "newsnation." ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressu
point that things have to happen because of the way legislatively things are coming down, the bush tax cuts expiring. >> right. >> sequestration, something has to happen with that. >> that's the only thing. my issue is this. beyond that, for obama to be able to get something done with the republican congress next term, this election needed to deliver a message to republicans. they need to cooperate. and i think if they lose, the only conclusion they're going to draw is...
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americans for tax reform sent around this flier to households in virginia. is this just the beginning? >> it is, but, remember, it's incredibly clunky. this has gone out into homes in virginia where you have people still devastated by the storm and recovering from it. if this really is a genuine grover norquist piece of literature how did he get a reputation for being good at politics? >> i don't know why mitt romney didn't say a lot of you americans across the country have donated to my campaign. we're talking $50 billion worth of damage. why don't you give to the red cross? i mean he j
americans for tax reform sent around this flier to households in virginia. is this just the beginning? >> it is, but, remember, it's incredibly clunky. this has gone out into homes in virginia where you have people still devastated by the storm and recovering from it. if this really is a genuine grover norquist piece of literature how did he get a reputation for being good at politics? >> i don't know why mitt romney didn't say a lot of you americans across the country have donated...
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build it there, pay those taxes and you never have to pay a penny in tax in the profit you make when you bring them back home. why would anybody build -- why would anybody build a factory here? ladies and gentlemen, the experts point out, that new territorial tax will create 800,000 jobs. all of them abroad. i'm not making up, all of them abroad. 800,000. i found it fascinating at their convention when governor romney said the first thing i will do when i'm elected president, i will take a jobs tour. it's going to have to be a foreign trip. >> joining me now ezra klein and eugene robinson. it was a strong week for the conspiracy theorists about the unemployment numbers. first the theory was that the president would use hurricane sandy and its effects possibly on washington, d.c. as an excuse for delaying the jobs report until after the election. and then of course as of yesterday when they knew it was coming out, they were absolutely convinced that they would cook the books. and so we saw an up tick of .1%. >> it's a reverse psychology ploy that the obama folks are trying but it won'
build it there, pay those taxes and you never have to pay a penny in tax in the profit you make when you bring them back home. why would anybody build -- why would anybody build a factory here? ladies and gentlemen, the experts point out, that new territorial tax will create 800,000 jobs. all of them abroad. i'm not making up, all of them abroad. 800,000. i found it fascinating at their convention when governor romney said the first thing i will do when i'm elected president, i will take a jobs...
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we tried giving big tax cuts to the wealthiest americans. we tried giving insurance companies and wall street a free rein to do whatever they play. what we got is falling incomes, record deficits, slowest job growth in 50 years and an economic crisis that we're still cleaning our way out of. so -- so we know what works and we know what doesn't. and governor romney now is a very talented salesman. so in this campaign, he is trying as hard as he can to repackage the same old ideas that didn't work and offer them up as change. he is saying he is the candidate of change, lo and behold. now here is the thing, though. we know what change looks like. and what governor romney is offering ain't it. giving more power to the biggest banks, that's not change. another $5 trillion tax cut to the wealthiest americans, that's not change. refusing to answer details about your policies until after the election, that's definitely not change. we've heard that from politicians before. >> again, a glimpse of the campaign speech the president has been giving to su
we tried giving big tax cuts to the wealthiest americans. we tried giving insurance companies and wall street a free rein to do whatever they play. what we got is falling incomes, record deficits, slowest job growth in 50 years and an economic crisis that we're still cleaning our way out of. so -- so we know what works and we know what doesn't. and governor romney now is a very talented salesman. so in this campaign, he is trying as hard as he can to repackage the same old ideas that didn't...
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this is why we want low tax rates. if romney is elected and the bush tax cuts are extended, it doesn't have anything to do with that. it has to do with where the economy is now. i don't know they would recognize that. >> steve, good to have you in here. i appreciate your time. >> sure. >> stick with us. hurricane sandy is not just this ordinary cat 1 storm. its size and the weather patterns coming from the west are making this interesting. the tides, because of the full moon tomorrow night make the worst case scenarios extremely likely. the latest coming up as hurricane sandy watch continues. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. >>> welcome back, everybody. residents in delaware prepping for hurricane sandy. time is running out before this evacuation order of this coastal state goes into order. beaches to
this is why we want low tax rates. if romney is elected and the bush tax cuts are extended, it doesn't have anything to do with that. it has to do with where the economy is now. i don't know they would recognize that. >> steve, good to have you in here. i appreciate your time. >> sure. >> stick with us. hurricane sandy is not just this ordinary cat 1 storm. its size and the weather patterns coming from the west are making this interesting. the tides, because of the full moon...
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. >>> all right. so what do we know that we didn't know last week? we got another tip on another ceo asking his employees to vote for mitt romney, we'll bring that to you tomorrow. what we know now is that the brother of michigan republican congressional candidate thinks of his family member's candidacy, quote, i've never met anyone in my life who is conniving and dishontest as this guy he told a local reporter, he's by brother so it's hard to talk about this, but i believe if he's
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink...
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that's what churches do and -- >> and you do all that by cutting taxes? >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. puts words into people's mouth? >> unmiked and that was the last we heard from paul ryan. and mitt romney hasn't done an interview in 23, 24 days. is that usual for someone running for the highest office in the land? >> no. the reason they're doing that is because they get tough questions and they don't want to answer tough questions. ryan can't because he's a true right wing conservative and the president and his people are trying to position romney differently and ryan is not going to do that. ryan's view on abortion is the same as richard murdoch and todd akin. they co-sponsored one of the anti-women bills. he can't stand up to that kind of independent questioning because clearly he doesn't seem to be any place. >> it is rather shocking that when given a multiple choice test, they throw away the pencil. >> the greatest quote ant this is ted kennedy versus mitt romney in 1994 in the debate, when
that's what churches do and -- >> and you do all that by cutting taxes? >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. puts words into people's mouth? >> unmiked and that was the last we heard from paul ryan. and mitt romney hasn't done an interview in 23, 24 days. is that usual for someone running for the highest office in the land? >> no. the reason they're doing that is because they get tough questions and they...
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tax breaks for the superwealthy, rolling back environmental regulation, enactment of the paul ryan budget, a steep reduction in federal aid to the poor, transformation of medicare into a quasi-voucher program, packing the federal courts with deeply conservative judges, and creating a supreme court majority to overturn roe versus wade. those are the highlights. and how do we know that romney would pursue this agenda? it's actually pretty simple. the republican party will revolt if he doesn't. i know, i know. we don't actually know what romney's core beliefs are or if he has any at all. he's been all over the map. it's possible he's secretly the moderate he sold himself as in massachusetts, and it's possible he's really the severe conservative he assured republicans he was earlier this year. but this doesn't really matter at all. because romney has been very consistent throughout his political career in one important way. his positions and his actions have always, always been driven by political expediency. i defy you to point to one major issue at any time in the last 18 years, where romne
tax breaks for the superwealthy, rolling back environmental regulation, enactment of the paul ryan budget, a steep reduction in federal aid to the poor, transformation of medicare into a quasi-voucher program, packing the federal courts with deeply conservative judges, and creating a supreme court majority to overturn roe versus wade. those are the highlights. and how do we know that romney would pursue this agenda? it's actually pretty simple. the republican party will revolt if he doesn't. i...
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the federal tax, the federal payroll tax, state tax, gasoline tax. it was over half of what they made. you start a business, your chance of success is not even as good as 50/50. most small businesses won't make it. it's a risky thing to do. if you're successful, the government wants more than half of what you make. a lot of people decide not to build businesses. today, we're at the lowest level of new business startups in 30 years. so i want to change this dynamic and make business recognize they have a friend in washington, not a foe. i believe if we do that, we do those five things and get those five done, we're going to create 12 million new jobs. [ cheers and applause ] by the way, the governor also mentioned something about my record as governor in terms of reaching a i cross the aisle. recognize, to get those five things done and to get america strong again, we have to stop the dividing and the attacking and the demonizing. we've got to reach across the aisle, bring in good democrats with good republicans and finally do the people's business an
the federal tax, the federal payroll tax, state tax, gasoline tax. it was over half of what they made. you start a business, your chance of success is not even as good as 50/50. most small businesses won't make it. it's a risky thing to do. if you're successful, the government wants more than half of what you make. a lot of people decide not to build businesses. today, we're at the lowest level of new business startups in 30 years. so i want to change this dynamic and make business recognize...
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or, grover norquist, the right wing anti-tax leader using hurricane sandy to attack the president. his group is distributing a flyer with a picture of the president and a storm and the caption, we've seen storms in virginia, but none like this. saying the president hasn't done enough to deal with the national debt. so even as we deal with this bipartisan federal government state-level kind of unity, we're seeing those that are using this as an opportunity to step over the debris and the suffering people and continue taking shots at the president. in many cases, unfounded shots at that, victoria. >> one would think that if there's one time that we can all come together is a natural disaster like this but the president going forward is showing his multidimensionality. mitt romney has been campaigning that he's a businessman and business leader but businesses are all about the bottom line and profit. while in government you have to take concern for the budget, you also need to have a broader base concern for the humanity of those people that elected you and not just those that voted f
or, grover norquist, the right wing anti-tax leader using hurricane sandy to attack the president. his group is distributing a flyer with a picture of the president and a storm and the caption, we've seen storms in virginia, but none like this. saying the president hasn't done enough to deal with the national debt. so even as we deal with this bipartisan federal government state-level kind of unity, we're seeing those that are using this as an opportunity to step over the debris and the...
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in fact, if anything mitt romney's policies of giving a huge tax break to the very, very wealthy, cutting most of the programs that everybody else depends on, turning medicare into a voucher system, all of these things actually may depress consumer confidence, reduce aggregate demand, and actually slow the economy down. >> i wish you wouldn't rely on facts, sir. we learned today that jobless claims were down last week and that chrysler has achieved its best sales in five years. home sales and median home prices look to be rebounding. consumer confidence is slowly going up. perhaps mr. romney would like to take credit for all of those as well? is that right? >> i'm sure he would. the problem for mitt romney is the economy is getting better. consumer confidence is up. most people understand that. and so mitt romney all along the way, particularly over the last four or five months, has had to recalibrate his campaign. remember his campaign originally was based on the notion that the economy was in terrible shape, most people understood that and he was a better custodian of the economy. but a
in fact, if anything mitt romney's policies of giving a huge tax break to the very, very wealthy, cutting most of the programs that everybody else depends on, turning medicare into a voucher system, all of these things actually may depress consumer confidence, reduce aggregate demand, and actually slow the economy down. >> i wish you wouldn't rely on facts, sir. we learned today that jobless claims were down last week and that chrysler has achieved its best sales in five years. home sales...
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they're floating ideas that the white house might consider a new tax to replace it, the payroll tax that's supposed to expire. there's a lot to be said. the president is calling for a mandate. >> let me just ask you finally, dave, we mentioned that new political poll. the president up by one, three-point swing from last week but still a statistical dead heat. what do thele polls tell us at this point? >> i notice the congresswoman didn't spend yes or no when you asked her whether the jeep ad mitt romney is running is false. the answer is because the ad is mostly false. it doesn't say they're move yurg jobs to china. it said they're building jeeps in china. two independent things. the nervousness from an ad like that from the romney campaign, they can talk about how they surge ahead in ohio but they clearly are not. the national polls that show romney doing well, a lot of what i hear it shows him rising in states that haven't seen advertising and people have warmed a bit to him. that doesn't matter. he's unable to break through the glass like he needs to in ohio. watch where the most campai
they're floating ideas that the white house might consider a new tax to replace it, the payroll tax that's supposed to expire. there's a lot to be said. the president is calling for a mandate. >> let me just ask you finally, dave, we mentioned that new political poll. the president up by one, three-point swing from last week but still a statistical dead heat. what do thele polls tell us at this point? >> i notice the congresswoman didn't spend yes or no when you asked her whether...
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late fees for state tax returns or payments received by november 9th will be waived. >>> jpmorgan chase bank is extending its late fee waiver for states impacted by sandy through tomorrow, november 1st. >>> an out of this world deal is sure to spark wall street. disney is buying "star wars" from george lucas. just over $4 billion. plans are already in the works for star wars episodes 7, 8 and 9. >>> movie fans who had power but were stranded at home by sandy gave netflix a boost by about 20% nationwide in hard hit northeast. streaming spiked 100%. not much else to do. >>> we want to show you powerful images of the storm's wrath that come to us from wnbc. >>> here is the image i talked about at the beginning of the show. this is close to home to me and probably millions of those who have visited. this is coney island at the peak of storm surge. the water was 6 to 8 feet defendant. bottom left of your screen is the world famous wooden roller coaster, the cyclone. to the far right is nathan's hot dog place and the meinor league football field. also the new york and yquarium. and they had i
late fees for state tax returns or payments received by november 9th will be waived. >>> jpmorgan chase bank is extending its late fee waiver for states impacted by sandy through tomorrow, november 1st. >>> an out of this world deal is sure to spark wall street. disney is buying "star wars" from george lucas. just over $4 billion. plans are already in the works for star wars episodes 7, 8 and 9. >>> movie fans who had power but were stranded at home by sandy...
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mitt romney has no plan for taxes. he can't be direct on that. he has no plan when it comes to repealing obama care and what he's going to replace it with. and what about immigration? which in these last few weeks hasn't gotten a whole lot of attention. he has no plan for america. and now he's going to be the guy who's going to reach across the aisle? get your cell phones out. i want to know what you think. tonight's question. who do you trust to work with the other side? text "a" for president obama, text "b" to mitt romney to 622639. always to our blog at ed.msnbc.com. we'll bring you the results later on in the show. joining me tonight, karen finney, msnbc political analyst and former communications director of the dnc. karen, good to have you with us tonight. >> good to see you, ed. >> this is -- this is a rather interesting closing argument that mitt romney is making that he's going to be the guy that's going to reach across the aisle. when that really is the last thing his party wants him to do. how's this going to work out? >> also you kno
mitt romney has no plan for taxes. he can't be direct on that. he has no plan when it comes to repealing obama care and what he's going to replace it with. and what about immigration? which in these last few weeks hasn't gotten a whole lot of attention. he has no plan for america. and now he's going to be the guy who's going to reach across the aisle? get your cell phones out. i want to know what you think. tonight's question. who do you trust to work with the other side? text "a" for...
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the second part, the part where i got fired up, because i'm not $9 tax cuts for -- tax cuts 10 to one? and all of them said no. that's why obama's a better choice, he has a balanced approach. >> and bill clinton was making the choice in the final hours. >> three quick things. one, a stupid irritating republican primary that did not nothing to help the republican cause. two, an incredibly timid and negative and somewhat cynical obama campaign that will weakent him if he is re-elected. and a debate that took romney from dead to maybe president of the united states. >> that debate was huge, joe. >> i have to say, for me, it's a republican looking at the republican party, it was a horrifying primary process that damaged the republican brand. secondly, a terrible i think republican convention, where mitt romney didn't make the turn to the middle. and, third, just a remarkable first debate. that if mitt romney wins, it will be a debate that political scientists will be looking at 50 years from now. it really could be the big turning point.be >> i hate to agree, but the debate is the bc/ad l
the second part, the part where i got fired up, because i'm not $9 tax cuts for -- tax cuts 10 to one? and all of them said no. that's why obama's a better choice, he has a balanced approach. >> and bill clinton was making the choice in the final hours. >> three quick things. one, a stupid irritating republican primary that did not nothing to help the republican cause. two, an incredibly timid and negative and somewhat cynical obama campaign that will weakent him if he is...
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>> there's still lots of ways to sift that date tax alex. and one of the things that both campaigns are trying to do is car or separate, if you will, high pro pencesy voters from low propensity voters. both campaigns have a scale. romney campaign is 0 to 4. if you were al sharpton you would be 0, ann romney a 4. obama campaign has a 1 to 5. rush limbaugh would be 1, michelle obama would be 5. if you lay these over in ohio, what the republicans believe the obama campaign has done is banked a lot of their high propensity vote who were going to show up anyway. what they're trying to do is call the low propensity voters in ohio and turn out a hire percentage of their high propensity voters on election day. the obama campaign acknowledges some of the folks banking now are probably closer to the high propensity scale. they do believe there'll be enough of a firewall particularly in northern ohio to get that state across the finish line. >> shira, there's a new tampa bay times, bay news, "miami herald" poll mitt romney leading by 6 points. however
>> there's still lots of ways to sift that date tax alex. and one of the things that both campaigns are trying to do is car or separate, if you will, high pro pencesy voters from low propensity voters. both campaigns have a scale. romney campaign is 0 to 4. if you were al sharpton you would be 0, ann romney a 4. obama campaign has a 1 to 5. rush limbaugh would be 1, michelle obama would be 5. if you lay these over in ohio, what the republicans believe the obama campaign has done is banked...
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i will lower taxes on middle income families. we didn't cut medicare, of course, we don't have medicare, but we didn't cut medicare. we care for those who have difficulties, those that are elderly and have problems and challenges, those that are elderly, we care for them. i'm not precisely with exactly what i said, but i stand by what i said, whatever it was. >> that was brilliant. anyway, those ads were created and brought to us by humorous mark lewis. the actor, by the way, davis leisure, who was joe isuzu, was happy to be part of the project. >>> up next, romney's grossly dishonest jeep act was so misleading that chrysler and gm executives themselves are pushing back hard against romney's trickery here and it pain a bridge too far for romney. sometimes you go too far. that's ahead. you're watching "hardball," the place for politics. [ female announcer ] with swiffer dusters, a great clean doesn't have to take longer. i'm done. i'm gonna read one of these. i'm gonna read one of these! [ female announcer ] unlike sprays and dust
i will lower taxes on middle income families. we didn't cut medicare, of course, we don't have medicare, but we didn't cut medicare. we care for those who have difficulties, those that are elderly and have problems and challenges, those that are elderly, we care for them. i'm not precisely with exactly what i said, but i stand by what i said, whatever it was. >> that was brilliant. anyway, those ads were created and brought to us by humorous mark lewis. the actor, by the way, davis...
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number six. >> if you vote early you don't have to pay taxes. i'm sorry, i'm being told that's not accurate. >> that's not accurate. >> number five. >> single and looking to mingle? find that special someone on thele early voting line. >> that's right. >> number four. >> of course there's the open bar. >> that's right. the open bar. >> number three. >> not exercising your right to vote is malarkey. it's literally malarkey. >> okay. whatever you say. >> number two. >> early voters receive a $5 million donation from donald trump. >> wow! wow! now we're talking. and the number one good thing about voting early, ladies and gentlemen. >> honestly, don't you want this election over with already? >> yes, we do. >> four more days to gop. so montgomery burns endorses mitt romney for president. simpson style. >> who do you like better broccoli obama or meat romney? who do you want to take care of you for the next four years? >> [ inaudible ]. >> mr. burns announced his decision sitting next to binders full of women. president obama getting high profile he
number six. >> if you vote early you don't have to pay taxes. i'm sorry, i'm being told that's not accurate. >> that's not accurate. >> number five. >> single and looking to mingle? find that special someone on thele early voting line. >> that's right. >> number four. >> of course there's the open bar. >> that's right. the open bar. >> number three. >> not exercising your right to vote is malarkey. it's literally malarkey. >>...
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back to "hardball." we're waiting for sandy to make landfall. more than 2.2 million homes are without power in the mid-atlantic states and the northeast. now the politics of this storm and the presidential race, editor of the daily beast and joy an read. jim, i haven't talked to you in a while. but i made a mistake, it was jane bern who benefited from the machine out there. tell us about what your experience is as a general reporter to what weather can do to elections. >> chris, i think as we said before it takes snow and i'm a native new yorker, and very weak response to a huge snowstorm. he lost in chicago in 1979. in the early '90s, a couple of washington bad storms, marion barry's stock plummeted. >> give me the reason for that. why do p
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back to "hardball." we're waiting for sandy to make landfall. more than 2.2 million homes are without power in the mid-atlantic states and the...